He is widely recognized as a Minister who stood out in terms of excellence during the Jonathan regime. Now, Akinwumi Adesina has been elected as the 8th President of the African Development Bank on Thursday, May 28.
Adesina is currently serving as Nigeria’s Minister of Agriculture and Rural Development.
He succeeds Donald Kaberuka, whose second term as President of the Bank ends in August.
His name was announced by Albert Toikeusse Mabri, Minister of Planning and Development for Côte d’Ivoire, and current Chairman of the Board of Governors of the African Development Bank.
The election was conducted by the Board within the Annual Meetings of the African Development Bank Group, held in Abidjan.
Dr. Adesina is a distinguished agricultural development expert with 24 years of experience in developing and managing successful agricultural programmes across Africa.
He graduated with Bachelors degree in Agricultural Economics with First Class Honours from the University of Ife, Nigeria (1981), where he was the first student to be awarded this distinction by the University. He obtained his PhD degree in Agricultural Economics in 1988 from Purdue University, USA, where he won the Outstanding PhD Thesis for his research work.
Adesina, 55, will assume office on 1 September 2015.